Russia: ferrous scrap exports up in May 2018

In May, according to customs statistics, Russia exported 619.4 thousand tons of ferrous scrap, up by 57.2% YoY.

In January-May scrap exports reached 2.3 million tons, up by 43.2% YoY. (Ukrainian metal)

Russia: Rosgeologia to look for gold in Magadan region

Rosgeologia will prospect for ore gold within the Deryas-Yuryaginskaya field.

The field is situated in Magadan region. The total size of the prospecting work is 69 square km.

The project is to be finished by 2021. (Ukrainian metal)

Russia: Gaysky GOK commissions floatation machine

Gaysky Mining and Processing Works has put into operation the floatation machine No. 17 in the floatation department of the processing factory.

The work to assemble the machine began earlier this year.

The modernization of the floatation department started in 2011. (Ukrainian metal)

Russia: Severstal Steel Ropes finishes another stage of modernized rope manufacture

Severstal Steel Ropes Volgogradskiy subsidiary has finished another stage of modernization, having commissioned the steel rope and stranding machine, as well as machinery to test ropes.

The first stage saw the assembly of the three drawing machines, extrusion line and the machine to produce large diameter steel ropes. (Ukrainian metal)

Russia: ZEMZ finishes H1 2018 with positive dynamics

In January-June ZEMZ stocked 17.345 thousand tons of metal, up from 14.4 thousand tons in H1 2017.

The trend to increase output was seen in January, and from April they increased by a third.

In June ZEMZ stocked 3095 tons of metal. (Ukrainian metal)